Social media tax is here, what next for Uganda
Excise duty tax on “Over The Top” services popularly referred to as social media tax is here. Effective July 1, the tax was levied on all social media users. In response to the levy, MTN Uganda has scrapped the popular social media data bundles; SWIFT ( Snap chat, WhatsApp, Instagram, Facebook and Twitter) and WTF (WhatsApp, Twitter, Facebook) .
Users will however access internet service through the usual procedure to activate data bundles from as low as Shs250.
Social media users are expected to pay Shs200 per day to access social media sites.
What is next for Ugandan business that has grown because of social media platforms?